Q&A: JLL exec sees no return to pre-COVID work routines, but a 4-day work week

December 08, 2021

By Lucas Mearian

jll peter miscovich photo mansion aug 31st 2021 sent

Commercial real estate and the workplace are intertwined, or at least they were — until the COVID-19 pandemic disrupted both last year. With companies worldwide re-evaluating how the workplace of the future should look, commercial real estate is feeling a pinch.

Since COVID-19 was officially classified a global pandemic in March 2020, the US has shed 138.4 million square feet (MSF) of office space. That’s 34% more empty offices than the nation saw during the Great Recession of 2007-2010, according to Cushman & Wakefield, a global commercial real estate broker.

JLL

Peter Miscovich, managing director of JLL.

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Source:: Computer World

      

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